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Fisker faced financial distress as early as last August.

I'm Iran Shake and get ready because it's time for

your daily crunch for Saturday starting with three big headlines.

Cruz, the self-driving subsidiary of General Motors, has agreed to pay a $112,500 fine for failing

to provide full information about an incident involving one of its robot taxis last year. The settlement with the California Public Utilities Commission

not only avoids litigation, it puts crews in a position to restart operations in the state.

The settlement agreement brings this dispute to a close, allowing the Commission staff

to devote their resources to Cruz's regulatory oversight rather than engage and potentially

protracted litigation, reads the ruling.

Cruz received backlash in October 2023 after a cruise robot taxi ran over a pedestrian

that had been flung into its path after being hit by a human-driven vehicle.

The robot taxi then dragged the pedestrian 20 feet as it was attempting a pullover maneuver,

a fact that crew staff didn't immediately share with the CPUC and other state and federal regulators when they probe the company.

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